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Alarm spreads among road-builders as Iran war bitumen shortage bites

  • Posted on April 28, 2026
  • By Financial Times
  • 0 Views
  • 1 min read
In brief

Global infrastructure projects face unprecedented challenges as bitumen prices surge due to geopolitical tensions in the Middle East. Road construction and maintenance operations across India, South Korea, Italy, and Australia are experiencing significant cost escalations. The shortage of asphalt materials threatens to delay highway development initiatives and increase municipal expenses for pothole repairs. Construction companies worldwide are reassessing project timelines and budgets while seeking alternative suppliers and sustainable solutions to mitigate the impact of this supply chain disruption.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Alarm spreads among road-builders as Iran war bitumen shortage bites
Alarm spreads among road-builders as Iran war bitumen shortage bites

Soaring cost of asphalt hits highway projects in India and South Korea and pothole repairs from Italy to Australia
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Author
Financial Times

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